Methanex Corporation (MX) - Net Assets
Based on the latest financial reports, Methanex Corporation (MX) has net assets worth CA$2.87 Billion CAD (≈ $2.07 Billion USD) as of September 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CA$7.52 Billion ≈ $5.44 Billion USD) and total liabilities (CA$4.65 Billion ≈ $3.37 Billion USD). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off. Also explore MX total asset value for the complete picture of this company's asset base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CA$2.87 Billion |
| % of Total Assets | 38.14% |
| Annual Growth Rate | 11.07% |
| 5-Year Change | 65.2% |
| 10-Year Change | 20.96% |
| Growth Volatility | 76.2 |
Methanex Corporation - Net Assets Trend (1992–2024)
This chart illustrates how Methanex Corporation's net assets have evolved over time, based on quarterly financial data. For live valuation and market cap data, see Methanex Corporation (MX) total market value.
Annual Net Assets for Methanex Corporation (1992–2024)
The table below shows the annual net assets of Methanex Corporation from 1992 to 2024. Explore cash flow conversion of Methanex Corporation to assess how effectively this company generates cash.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CA$2.38 Billion ≈ $1.72 Billion |
+9.58% |
| 2023-12-31 | CA$2.17 Billion ≈ $1.57 Billion |
-10.56% |
| 2022-12-31 | CA$2.43 Billion ≈ $1.76 Billion |
+24.29% |
| 2021-12-31 | CA$1.95 Billion ≈ $1.41 Billion |
+35.61% |
| 2020-12-31 | CA$1.44 Billion ≈ $1.04 Billion |
-11.59% |
| 2019-12-31 | CA$1.63 Billion ≈ $1.18 Billion |
-9.82% |
| 2018-12-31 | CA$1.81 Billion ≈ $1.31 Billion |
+3.59% |
| 2017-12-31 | CA$1.75 Billion ≈ $1.26 Billion |
-3.34% |
| 2016-12-31 | CA$1.81 Billion ≈ $1.31 Billion |
-8.29% |
| 2015-12-31 | CA$1.97 Billion ≈ $1.42 Billion |
-4.12% |
| 2014-12-31 | CA$2.05 Billion ≈ $1.49 Billion |
+7.76% |
| 2013-12-31 | CA$1.91 Billion ≈ $1.38 Billion |
+28.94% |
| 2012-12-31 | CA$1.48 Billion ≈ $1.07 Billion |
-7.75% |
| 2011-12-31 | CA$1.60 Billion ≈ $1.16 Billion |
+12.60% |
| 2010-12-31 | CA$1.42 Billion ≈ $1.03 Billion |
+3.91% |
| 2009-12-31 | CA$1.37 Billion ≈ $990.46 Million |
-1.54% |
| 2008-12-31 | CA$1.39 Billion ≈ $1.01 Billion |
+1.02% |
| 2007-12-31 | CA$1.38 Billion ≈ $995.82 Million |
+13.84% |
| 2006-12-31 | CA$1.21 Billion ≈ $874.75 Million |
+27.35% |
| 2005-12-31 | CA$949.51 Million ≈ $686.86 Million |
+0.03% |
| 2004-12-31 | CA$949.24 Million ≈ $686.67 Million |
+21.14% |
| 2003-12-31 | CA$783.57 Million ≈ $566.83 Million |
-13.33% |
| 2002-12-31 | CA$904.08 Million ≈ $654.00 Million |
-3.35% |
| 2001-12-31 | CA$935.46 Million ≈ $676.70 Million |
-10.50% |
| 2000-12-31 | CA$1.05 Billion ≈ $756.11 Million |
+9.30% |
| 1999-12-31 | CA$956.30 Million ≈ $691.77 Million |
-13.66% |
| 1998-12-31 | CA$1.11 Billion ≈ $801.22 Million |
-7.04% |
| 1997-12-31 | CA$1.19 Billion ≈ $861.91 Million |
+7.13% |
| 1996-12-31 | CA$1.11 Billion ≈ $804.55 Million |
-2.40% |
| 1995-12-31 | CA$1.14 Billion ≈ $824.37 Million |
+13.08% |
| 1994-12-31 | CA$1.01 Billion ≈ $729.03 Million |
+134.37% |
| 1993-12-31 | CA$430.00 Million ≈ $311.06 Million |
+419.32% |
| 1992-12-31 | CA$82.80 Million ≈ $59.90 Million |
-- |
Equity Component Analysis
This analysis shows how different components contribute to Methanex Corporation's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have grown by 177588600000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CA$1.63 Billion | 77.83% |
| Common Stock | CA$392.20 Million | 18.73% |
| Other Comprehensive Income | CA$70.02 Million | 3.34% |
| Other Components | CA$1.95 Million | 0.09% |
| Total Equity | CA$2.09 Billion | 100.00% |
Methanex Corporation Competitors by Market Cap
The table below lists competitors of Methanex Corporation ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
ATCO Ltd
TO:ACO-X
|
$4.97 Billion |
|
HSD Engine Co Ltd
KO:082740
|
$4.98 Billion |
|
CSN Mineração S.A
SA:CMIN3
|
$4.98 Billion |
|
E Ink Holdings
TWO:8069
|
$4.99 Billion |
|
Companhia Energetica de Minas Gerais CEMIG Pref ADR
NYSE:CIG
|
$4.97 Billion |
|
Crispr Therapeutics AG
NASDAQ:CRSP
|
$4.97 Billion |
|
Aurizon Holdings Ltd
AU:AZJ
|
$4.97 Billion |
|
Scout24 AG
XETRA:G24
|
$4.96 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Methanex Corporation's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 1,930,927,000 to 2,093,559,000, a change of 162,632,000 (8.4%).
- Net income of 163,986,000 contributed positively to equity growth.
- Dividend payments of 49,867,000 reduced retained earnings.
- Share repurchases of 227,000 reduced equity.
- Other comprehensive income increased equity by 47,121,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CA$163.99 Million | +7.83% |
| Dividends Paid | CA$49.87 Million | -2.38% |
| Share Repurchases | CA$227.00K | -0.01% |
| Other Comprehensive Income | CA$47.12 Million | +2.25% |
| Other Changes | CA$1.62 Million | +0.08% |
| Total Change | CA$- | 8.42% |
Book Value vs Market Value Analysis
This analysis compares Methanex Corporation's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 2.87x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has decreased from 46.16x to 2.87x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 1992-12-31 | CA$1.93 | CA$88.88 | x |
| 1993-12-31 | CA$2.42 | CA$88.88 | x |
| 1994-12-31 | CA$5.10 | CA$88.88 | x |
| 1995-12-31 | CA$6.01 | CA$88.88 | x |
| 1996-12-31 | CA$5.15 | CA$88.88 | x |
| 1997-12-31 | CA$6.49 | CA$88.88 | x |
| 1998-12-31 | CA$6.34 | CA$88.88 | x |
| 1999-12-31 | CA$5.52 | CA$88.88 | x |
| 2000-12-31 | CA$5.99 | CA$88.88 | x |
| 2001-12-31 | CA$6.06 | CA$88.88 | x |
| 2002-12-31 | CA$7.14 | CA$88.88 | x |
| 2003-12-31 | CA$6.37 | CA$88.88 | x |
| 2004-12-31 | CA$7.72 | CA$88.88 | x |
| 2005-12-31 | CA$8.02 | CA$88.88 | x |
| 2006-12-31 | CA$11.05 | CA$88.88 | x |
| 2007-12-31 | CA$13.08 | CA$88.88 | x |
| 2008-12-31 | CA$13.51 | CA$88.88 | x |
| 2009-12-31 | CA$13.34 | CA$88.88 | x |
| 2010-12-31 | CA$13.65 | CA$88.88 | x |
| 2011-12-31 | CA$14.89 | CA$88.88 | x |
| 2012-12-31 | CA$13.76 | CA$88.88 | x |
| 2013-12-31 | CA$17.19 | CA$88.88 | x |
| 2014-12-31 | CA$18.57 | CA$88.88 | x |
| 2015-12-31 | CA$18.83 | CA$88.88 | x |
| 2016-12-31 | CA$17.79 | CA$88.88 | x |
| 2017-12-31 | CA$17.28 | CA$88.88 | x |
| 2018-12-31 | CA$18.68 | CA$88.88 | x |
| 2019-12-31 | CA$17.36 | CA$88.88 | x |
| 2020-12-31 | CA$15.08 | CA$88.88 | x |
| 2021-12-31 | CA$22.08 | CA$88.88 | x |
| 2022-12-31 | CA$29.47 | CA$88.88 | x |
| 2023-12-31 | CA$28.47 | CA$88.88 | x |
| 2024-12-31 | CA$30.99 | CA$88.88 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Methanex Corporation utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 7.83%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 4.41%
- • Asset Turnover: 0.56x
- • Equity Multiplier: 3.15x
- Recent ROE (7.83%) is below the historical average (11.73%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1992 | -10.39% | -7.41% | 0.52x | 2.69x | CA$-16.88 Million |
| 1993 | 2.49% | 2.01% | 0.55x | 2.26x | CA$-32.30 Million |
| 1994 | 43.93% | 29.75% | 0.88x | 1.68x | CA$341.92 Million |
| 1995 | 17.56% | 16.02% | 0.70x | 1.56x | CA$86.14 Million |
| 1996 | -0.71% | -0.84% | 0.53x | 1.59x | CA$-119.12 Million |
| 1997 | 16.95% | 15.55% | 0.66x | 1.65x | CA$82.85 Million |
| 1998 | -6.18% | -9.49% | 0.40x | 1.62x | CA$-179.16 Million |
| 1999 | -15.67% | -21.57% | 0.42x | 1.72x | CA$-245.53 Million |
| 2000 | 13.86% | 13.65% | 0.59x | 1.73x | CA$40.34 Million |
| 2001 | 7.63% | 6.22% | 0.68x | 1.81x | CA$-22.13 Million |
| 2002 | 2.92% | 2.62% | 0.55x | 2.01x | CA$-63.99 Million |
| 2003 | 0.96% | 0.54% | 0.67x | 2.66x | CA$-70.85 Million |
| 2004 | 24.91% | 13.75% | 0.81x | 2.24x | CA$141.52 Million |
| 2005 | 17.46% | 10.00% | 0.79x | 2.21x | CA$70.80 Million |
| 2006 | 39.94% | 22.91% | 0.86x | 2.02x | CA$362.02 Million |
| 2007 | 28.13% | 16.57% | 0.79x | 2.15x | CA$242.13 Million |
| 2008 | 13.44% | 7.45% | 0.82x | 2.20x | CA$44.11 Million |
| 2009 | 0.06% | 0.06% | 0.41x | 2.37x | CA$-122.87 Million |
| 2010 | 7.97% | 5.17% | 0.64x | 2.40x | CA$-25.93 Million |
| 2011 | 14.33% | 7.72% | 0.77x | 2.42x | CA$60.85 Million |
| 2012 | -5.28% | -2.55% | 0.75x | 2.75x | CA$-197.09 Million |
| 2013 | 19.86% | 10.88% | 0.74x | 2.48x | CA$163.39 Million |
| 2014 | 25.45% | 14.10% | 0.68x | 2.67x | CA$275.97 Million |
| 2015 | 11.67% | 9.01% | 0.50x | 2.61x | CA$28.64 Million |
| 2016 | -0.79% | -0.63% | 0.44x | 2.85x | CA$-172.23 Million |
| 2017 | 21.06% | 10.33% | 0.66x | 3.07x | CA$166.06 Million |
| 2018 | 37.65% | 14.47% | 0.85x | 3.05x | CA$417.86 Million |
| 2019 | 6.59% | 3.15% | 0.54x | 3.90x | CA$-45.40 Million |
| 2020 | -10.91% | -4.73% | 0.47x | 4.96x | CA$-240.24 Million |
| 2021 | 28.65% | 10.93% | 0.72x | 3.62x | CA$314.00 Million |
| 2022 | 16.75% | 8.21% | 0.65x | 3.14x | CA$142.63 Million |
| 2023 | 9.02% | 4.68% | 0.58x | 3.33x | CA$-18.95 Million |
| 2024 | 7.83% | 4.41% | 0.56x | 3.15x | CA$-45.37 Million |
Industry Comparison
This section compares Methanex Corporation's net assets metrics with peer companies in the Chemicals industry.
Industry Context
- Industry: Chemicals
- Average net assets among peers: $159,970,182
- Average return on equity (ROE) among peers: -28.39%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Methanex Corporation (MX) | CA$2.87 Billion | -10.39% | 1.62x | $4.97 Billion |
| Chemtrade Logistics Income Fund (CHE-UN) | $308.42 Million | 1.77% | 2.08x | $1.43 Billion |
| First Helium Inc (HELI) | $11.52 Million | -58.55% | 0.45x | $5.35 Million |
About Methanex Corporation
Methanex Corporation produces and supplies methanol in Asia Pacific, North America, Europe, and South America. It owns and leases storage and terminal facilities. The company serves chemical and petrochemical producers. Methanex Corporation was incorporated in 1968 and is headquartered in Vancouver, Canada.